12/01/2016
Barclays hid huge tranche of Libor data from officials
A London property investor and owner of the Trocadero shopping centre.
Legal, Regulation & Compliance
12/01/2016
In Focus: Malta Citizenship By Investment Programme
Malta Individual Investor Programme, is the first citizenship by investment programme in the European Union
11/30/2016
Payment Strategy Forum publishes final Strateg
Key elements of the Strategy include a "Confirmation of Payee" safeguard to help prevent financial fraud and a focus on FinTech and innovation.
11/30/2016
HSBC and Barclays deemed less risky by global financial regulator
The decision to downgrade the capital that must be held by HSBC and Barclays
11/30/2016
British Law firm eyes US merger
They confirmed last night that it was in talks with Sutherland Asbill & Brennan
11/30/2016
Aberdeen law firm snapped up by Shepherd + Wedderburn
Based in Aberdeen’s West End, CLP was formed in January 1995 by Mr Anderson alongside Ian McLennan – now retired – and Innes Miller, who is now a partner at Aberdeen law firm James and George Collie.
11/30/2016
RBS fails stress tests and Barclays struggles but Mark Carney says your money is safe
UK banks are resilient and calls for an "orderly Brexit"
11/30/2016
Central Bank of Germany Reveals Functional Securities Blockchain
Development will be focused on analyzing the technical benefits and scalability of the software.
11/29/2016
More defections for KWM as Goodwin Procter nabs four partners
Goodwin Procter hinted at the time that it had ‘extended offers to certain other London-based KWM partners’, fueling speculation that Mr Halford’s team was soon to follow.
11/29/2016
The ESRB issues eight Warnings on medium-term residential real estate vulnerabilities and a Recommendation on closing real estate data gaps
The ESRB decided to issue these warnings following a forward-looking Union-wide assessment of vulnerabilities relating to residential real estate.
11/29/2016
Latvia fines Swedbank for failings in anti money laundering measures
The watchdog slapped a fine of €1.36mn on the bank before agreeing on a correction programme.
11/29/2016
Swedbank enters agreement with Latvian authorities
The agreement includes a fine of EUR 1.36 million and a series of mitigating actions.
11/29/2016
European Union Authority Talks Blockchain Tech…and Banning It
In recent times, the ECB proposed a directive to exempt virtual currencies from any qualification as, a currency.
11/29/2016
European Union: New EU Banking Legislation Reforms
We have set out below a high level overview of some of the key changes being introduced by the proposed reform package.
11/29/2016
FCA calls for input on high-cost credit and overdrafts
One area of focus has been high-cost credit, which includes payday loans, home-collected credit, catalogue credit, some rent-to-own, pawn-broking, guarantor and logbook loans.
11/28/2016
Bank stress test to expose lenders' struggle to turn a profit
Autonomous’ analysts believe Barclays and RBS will both marginally fail this year’s test, dealing a blow to the pair.
11/28/2016
Fiduciary mandates escape external scrutiny – KPMG poll
Fiduciary management "among the most opaque parts" of the UK's investment industry
11/28/2016
Jailed former Barclays traders denied Libor appeal request
Pabon, an American, was sentenced to two years and nine months in jail in July
11/28/2016
Bank Regulators Seek ‘Miracle’ Deal on Capital Before Trump
The U.S. has pushed for strict rules to protect against future market meltdowns
11/28/2016
Troubled Italian banks face failure if 'No' wins
Resolution, a new regulatory mechanism, restructures and if necessary winds up a bank by imposing losses on both equity and debt investors